It was all in the contract however he didn’t notice until someone reached out to ask him about all the fees but the tenants had a 400 lease fee to lease the rental plus the standard deposit and first months rent. 

Every HML will work somewhat different but I will let you know the standard flow:1) Get pre-approved with an HML - This should be free.

Every HML will work somewhat different but I will let you know the standard flow:1) Get pre-approved with an HML - This should be free.

Every Hard Money Lender will work somewhat different but I will let you know the standard flow:1) Get pre-approved with an HML - This should be free.

Standard MLS listing.

We expected to leave our 20% down payment in the property and plan for the 75% of the loan to cover our hard money loan if all worked as planned.With the housing market taking off leading up to the refinance, this put us in an ideal position to possibly consider doing a cash out refinance instead of a standard refinance.

I’m particular about which properties I will purchase in that I make sure they are upscale by my standards (I would live in them), and I believe their rents will continue to be solid and enough to cover my bills even if there is a market downturn.

I understand that industry standard is between 7 & 15% of invoices depending on the complexity of the project.

I understand that industry standard is between 7 & 15% of invoices depending on the complexity of the project.

I understand that industry standard is between 7 & 15% of invoices depending on the complexity of the project.